Barrington Real Estate Market Update July 2023
Real Estate In Barrington is a sellers’ market with low inventory of homes in Barrington and a lot of buyer interest. There is a 3.49 months supply of inventory on the market in Barrington on July 31, 2023.
Now is the Time to Sell! The average market time for a Single Family Homes to sell in Barrington last month was 31 days. It took on average 3 days to sell Barrington Condo, Townhouse or a Duplex.
The number of home sales in Barrington from June 1, 2023 through June 30, 2023 was 22 units. That is 1% above the number of homes sold last month in Barrington.
The average price per square foot in the area is now $170/Sq.Ft, which is 32% an increase from last month.
In Barrington there were 7 units sold in June in the price range between $210,000 – $432,932 with an average of 2.9 bedrooms and 2.3 bathrooms and average Square footage of 1,555SF.
In Barrington there were 11 units sold in June in the price range between $432,933 – $1,107,931 with an average of 3.7 bedrooms and 3.5 bathrooms and average Square footage of 2,859SF.
In Barrington there were 4 units sold in June in the price range between $1,107,932 – $1,560,000 with an average of 4.5 bedrooms and 5.3 bathrooms and average Square footage of 5,017SF.
The low price range had the most activity. Homes up to $432,932 were on the market on average 36 days and sold an average of $282,142.
If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Barrington. Search all Barrington homes for Sale on propertyup.com If you are considering viewing Barrington, you may want to do so now!